Grupa Azoty in M&A talks with three companies

Chemicals producer Azoty Group is negotiating acquisition of three foreign companies, deputy CFO Paweł Łapiński said at a press conference. He added that two of the companies were from neighboring countries, including one from Germany.

Locked content Piotr i Paweł close to finalizing M&A talks

Retail chain Piotr i Paweł is close to finalizing talks with a strategic investor, whose name will be disclosed once the deal is formalized, the company stated in a market filing. “Talks are advanced and we are getting close to the end of the M&A process,” said Robert Krzak, deputy CEO of Piotr ...

Locked content Introl receives offer for sale of RAControls

An undisclosed sector investor has submitted its intent to acquire Introl’s subsidiary, RAControls, Introl stated. In January 2018, Introl decided to look for strategic options supporting the company’s further development. RAControls is an authorized distributor of equipment and software produced by...

Locked content Pekao on route to merge with Alior – Reuters

Bank Pekao will likely move forward on a merger with Alior Bank, according to two confidential sources cited by Reuters. In late February, Pekao’s CEO Michał Krupiński stated he believed that analysis for a possible merger with Alior Bank would be completed by the end of Q2. Reuters said that the me...

Locked content Hisense offers to buy 12 mln shares of Gorenje at €12 per share

Hisense Luxemburg Home Appliance Holdings, part of a Chinese holding, has placed an offer to purchase 24,424,613 shares of Gorenje at €12 per share, Gorenje stated. The offer is valid through May 29-June 26, 2018. Hisense already holds 8,050,014 shares of the household appliance producer. Earlier in...

Locked content Poland 2nd biggest M&A market in CEE – report

There were 288 M&A transactions in Poland last year worth €10.6 billion in 2017, making Warsaw the second biggest market in CEE, according to CMS report. The number of transactions grew by 3 percent, while their value inched up by 3 percent. The highest number of transactions in the region was i...

Locked content Report: 59 M&A deals in Q4

There were 59 merger and acquisition transactions in Q4, three more than in the corresponding period of 2016, according to the report prepared by Fordata and Navigator Capital. The largest group of sellers in the fourth quarter of 2017, just like in the whole year, were private investors, in the fou...

Locked content Polsat buys TV channels for PLN 103 mln

Broadcaster Polsat group has purchased 100 percent of shares in companies which own TV channels: Eska TV, Eska TV Extra, Eska Rock TV, Polo TV and Vox Music TV, as well as 34 percent of shares in a company holding Fokus TV and Nowa TV. The latter has also signed a preliminary agreement to sell…...

Locked content Cyfrowy Polsat to buy 32% of Netia shares

Cyfrowy Polsat has placed a purchase order for some 32 percent of Netia shares from Mennica Polska and FIP 1 FIZAN for a total of PLN 638.8 million, placing the share value at PLN 5.77. The company wants to increase its share in Netia’s AGM votes to 66 percent in early 2018. Cyfrowy Polskat expects&...

Locked content Meat producer Gobarto buys Cedrob for PLN 78 mln

Gobarto has signed an agreement with Cedrob on the acquisition of 100 percent of shares in meat producer ZM Silesia and 25 stores forming Cedrob’s retail chain. The value of the deal is PLN 78 million. The transaction is a part of expanding Gobarto’s production and distribution segment as set in its...